1. Tangible Assets https://store.theartofservice.com/the-tangible-assets-toolkit.html

2. Asset Tangible assets 1 Tangible assets are those that have a physical substance, such as currencies, buildings, real estate, vehicles, inventories, equipment, and precious metals https://store.theartofservice.com/the-tangible-assets-toolkit.html

3. Valuation (finance) - Valuation of intangible assets 1 Valuation models can be used to value intangible assets such as for patent valuation, but also in copyrights, software, trade secrets, and customer relationships. Since few sales of benchmark intangible assets can ever be observed, one often values these sorts of assets using either a present value model or estimating the costs to recreate it. Regardless of the method, the process is often time-consuming and costly. https://store.theartofservice.com/the-tangible-assets-toolkit.html

4. Valuation (finance) - Valuation of intangible assets 1 Valuations of intangible assets are often necessary for financial reporting and intellectual property transactions. https://store.theartofservice.com/the-tangible-assets-toolkit.html

5. Assets - Intangible assets 1 Intangible assets lack of physical substance and usually are very hard to evaluate. They include patents, copyrights, franchising|franchises, Goodwill (accounting)|goodwill, trademarks, trade names, etc. These assets are (according to US GAAP) amortized to expense over 5 to 40 years with the exception of goodwill. https://store.theartofservice.com/the-tangible-assets-toolkit.html

6. Assets - Intangible assets 1 Websites are treated differently in different countries and may fall under either tangible or intangible assets. https://store.theartofservice.com/the-tangible-assets-toolkit.html

7. Assets - Tangible assets 1 Tangible assets are those that have a physical substance, such as currency|currencies, buildings, real estate, vehicles, Inventory|inventories, capital equipment|equipment, and precious metals. https://store.theartofservice.com/the-tangible-assets-toolkit.html

8. Intangible assets 1 'Intangible assets' have been argued to be one possible contributor to the disparity between company value as per their accounting records, and company value as per their market capitalization. Considering this argument, it is important to understand what an intangible asset truly is in the eyes of an accountant. A number of attempts have been made to define intangible assets: https://store.theartofservice.com/the-tangible-assets-toolkit.html

9. Intangible assets 1 The lack of physical substance would therefore seem to be a defining characteristic of an intangible asset. Both the IASB and FASB definitions specifically preclude monetary assets in their definition of an intangible asset. This is necessary in order to avoid the classification of items such as accounts receivable, derivatives and cash in the bank as an intangible asset. IAS 38 contains examples of intangible assets, including: computer software, copyright and patents. https://store.theartofservice.com/the-tangible-assets-toolkit.html

10. Intangible assets - General standards 1 The International Accounting Standards Board (IASB) offers some guidance (IAS 38) as to how intangible assets should be accounted for in financial statements. In general, legal intangibles that are developed internally are not recognized and legal intangibles that are purchased from third parties are recognized. Wordings are similar to IAS 9. https://store.theartofservice.com/the-tangible-assets-toolkit.html

11. Intangible assets - General standards 1 Under US GAAP, intangible assets are classified into: Purchased vs. internally created intangibles, and Limited-life vs. indefinite-life intangibles. https://store.theartofservice.com/the-tangible-assets-toolkit.html

12. Intangible assets - Expense allocation 1 Trademarks and goodwill are examples of intangible assets with indefinite useful lives https://store.theartofservice.com/the-tangible-assets-toolkit.html

13. Intangible assets - Taxation 1 Some types of intangible assets are categorized based on whether the asset is acquired from another party or created by the taxpayer https://store.theartofservice.com/the-tangible-assets-toolkit.html

14. Amortization (business) - Amortization of intangible assets 1 In accounting, amortization refers to expensing the acquisition cost minus the residual value of intangible assets (often intellectual property such as patents and trademarks or copyrights) in a systematic manner over their estimated useful economic lives so as to reflect their consumption, expiry, obsolescence or other decline in value as a result of use or the passage of time. https://store.theartofservice.com/the-tangible-assets-toolkit.html

15. Amortization (business) - Amortization of intangible assets 1 A corresponding concept for tangible assets is depreciation. Methodologies for allocating amortization to each accounting period are generally the same as for depreciation. However, many intangible assets such as Goodwill (accounting)|goodwill or certain brands may be deemed to have an indefinite useful life and are therefore not subject to amortization (although goodwill is subjected to an impairment test every year). https://store.theartofservice.com/the-tangible-assets-toolkit.html

16. Amortization (business) - Amortization of intangible assets 1 Under International Financial Reporting Standards, guidance on accounting for the amortization of intangible assets is contained in IAS 38. Under Generally Accepted Accounting Principles (USA)|United States generally accepted accounting principles (GAAP), the primary guidance is contained in FAS 142. https://store.theartofservice.com/the-tangible-assets-toolkit.html

17. For More Information, Visit: https://store.theartofservice.co m/the-tangible-assets- toolkit.html https://store.theartofservice.co m/the-tangible-assets- toolkit.html The Art of Service https://store.theartofservice.com